Meme Stock Mania and the Rise of APEs: A Clever but Controversial Solution to AMC’s Share Issuance Problem
Fordham Law News
APRIL 28, 2023
1] In 2020, AMC Entertainment (“AMC”), the nation’s largest movie theater chain, posted a staggering $4.6 The company’s yearly revenue plummeted by 77% to $1.24 AMC’s stock was front and center of “meme stock mania” in 2021, while most of the country was stuck at home. [3] billion loss.
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